Sav-Mor
Sav-Mor Drug Stores is a privately held PSAO that provides centralized PBM contract management, claim reconciliation, cash management, and audit support to independent pharmacies across 22 U.S. states under a "Chain of Independents" affiliate model, headquartered in Southfield, Michigan.
- Company typePrivate
- Founded1987
- HeadquartersSouthfield, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Sav-Mor does
Sav-Mor Drug Stores, Inc., founded in 1987 and headquartered in Southfield, Michigan, operates as a Pharmacy Services Administrative Organization (PSAO) under a "Chain of Independents" affiliation model. The company provides centralized, corporate-like management services to independent pharmacy owner/operators across 22 states, with a stated history of more than 20 years of PSAO operations and a leadership team carrying over 50 years of combined industry experience. Its core service portfolio includes PBM contract management (covering National PBMs, Medicare D, State Medicaid, regional PBMs, 340B, and Long-Term Care contracts), claim-level reconciliation with payment matching at the RX number and fill-date level, PBM cash management with GAAP-aligned controls, and end-to-end PBM desk and on-site audit support.
The company's technology stack is built around third-party integrations rather than proprietary software. It connects to Cardinal Health for preferred wholesaler purchasing, RelayHealth, Emdeon/eRX Network, and QS/1 for prescription switching and claim routing, ECRTS POS and RX30 for pharmacy management, and clinical platforms including EQuIPP (adherence benchmarking), iMedicare (Medicare plan comparison), CoverMyMeds (prior authorization automation), and Mirixa/OutcomesMTM/Catamaran for Medication Therapy Management. Member pharmacies access consumer-facing tools via a Digital Pharmacist-branded web refill portal, a Sav-Mor iOS/Android mobile application, and a My T Health Plus telehealth integration.
Commercially, Sav-Mor monetizes through subscription-style affiliate membership dues on an annual billing cadence, supplemented by affiliate referral economics from the Cardinal Health preferred wholesaler arrangement and negotiated vendor discounts. Pricing is not publicly disclosed and is structured as quote-based B2B engagements with independent pharmacy operators. The customer base is a long tail of small community pharmacies — with named members such as Benson Drug, Kashat, Sheldon, LS Pharmacy, Tawas Super Sav-Mor, and Tel-12 concentrated in Michigan — and Sav-Mor markets through industry association memberships (CDMA, MIPA, MPA, NACDS, NCPDP, NCPA), digital channels, mobile apps, and toll-free telephony rather than direct enterprise sales. No external funding, PE/VC investment, or public listing is disclosed.
Sav-Mor firmographics
Firmographics- Name
- Sav-Mor
- Legal name
- Sav-Mor Drug Stores, Inc.
- Website
- https://sav-mor.com
- Company type
- Private
- Founded year
- 1987
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Sav-Mor Drug Stores is a privately held PSAO that provides centralized PBM contract management, claim reconciliation, cash management, and audit support to independent pharmacies across 22 U.S. states under a "Chain of Independents" affiliate model, headquartered in Southfield, Michigan.
- Ownership category
- akta.pro rank
Sav-Mor industry classification
Industry- Product category
- Pharmacy Services Administration (PSAO)
- NAICS
- Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292), Pharmacies and Drug Retailers (456110)
- SIC
- Retail-Drug Stores And Proprietary Stores (5912), Wholesale-Drugs, Proprietaries & Druggists' Sundries (5122)
- akta.pro primary industry
- Pharmacy Benefit/Channel Services (PSAO, 340B Admin, Chargebacks/Rebates Ops) (CRAOAHAK)
- akta.pro secondary industries
- Pharmacy Benefit Management (PBM) & Pharmacy Network Administration (HLAFALAI), Pharmacy Benefit Management (PBM) & Formulary Management IT (HLACAKAD), Retail & Community Pharmacies (Chain/Independent) (HLAFALAA)
Keywords
Where Sav-Mor is headquartered
LocationHeadquarters
- HQ city
- Southfield
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Sav-Mor business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- PSAO Services: Providing Prescription Drug Plan (PDSP) network access services and pharmacy network management to independent pharmacy operators
- Centralized Management Services: Corporate-like management services including PBM contract management, cash management, claim reconciliation, and audit support for independent pharmacies
- Preferred Drug Wholesaler Program: Preferred wholesaler contract with Cardinal Health providing buying group benefits to member pharmacies
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Sav-Mor affiliate services for independent pharmacy operators |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Sav-Mor product offering
Product offeringCore offering
Sav-Mor operates as a Pharmacy Services Administrative Organization (PSAO) and centralized management services provider for a network of independent pharmacies branded as "The Chain of Independents" across 22 states. It offers PBM contract management, cash management, claim-level reconciliation, PBM audit support, a preferred wholesaler program with Cardinal Health, plus shared digital infrastructure (Digital Pharmacist refill portal and Sav-Mor mobile app) to enable independent pharmacy owner/operators to compete with chain pharmacies while maintaining ownership independence.
Product overview
Sav-Mor Drug Stores operates as 'The Chain of Independents' — a network of independent pharmacies unified under a central PSAO (Pharmacy Services Administrative Organization) and management services umbrella. The portfolio includes the core Digital Pharmacist Prescription Refill Portal enabling 24/7 online refills and prescription transfers, the My T Health Plus telehealth service for doctor consultations, the comprehensive Pharmacy Management Solutions suite covering PBM contract management, cash management, claim-level reconciliation, and audit support, and the Sav-Mor Mobile App for iOS and Android. Individual member pharmacies operate as sub-brands (e.g., Tel-12 Pharmacy, Tawas Super Sav-Mor Drugs, Sheldon Pharmacy, HonoRx, LS Pharmacy, Kashat Pharmacy, Benson Drug Company) offering varying combinations of clinical services including Medication Therapy Management, diabetes care, immunizations, compounding, and Dispill multi-dose packaging, along with ancillary retail offerings. The company provides PSAO services and centralized corporate-like management to independent pharmacy owner/operators across 22 states.
Differentiator
Problem solved
Functional benefit
Products and services
- Pharmacy Management Solutions (PSAO & Centralized Management Services) Comprehensive PSAO and centralized business management services for independent pharmacy owner/operators across 22 states, providing PBM contract management, cash management, claim-level reconciliation, and PBM audit support on an annual affiliate basis.
- Sav-Mor Drug Stores Pharmacy Network ("Chain of Independents") Affiliate network of independent pharmacies operating under the Sav-Mor umbrella, providing retail prescription dispensing, clinical pharmacy programs, and member back-office services to local communities.
- Digital Pharmacist Prescription Refill Portal 24/7 online prescription refill and new patient transfer portal enabling consumers to request refills and transfer prescriptions to their preferred Sav-Mor pharmacy.
- Sav-Mor Mobile App Free mobile application for iOS and Android enabling 24/7 prescription refills, medication reminders, and savings on medications for Sav-Mor pharmacy customers.
- My T Health Plus Telehealth Telehealth service allowing Sav-Mor pharmacy customers to consult a doctor about their therapy via video or phone through the My T Health Plus platform.
- Dispill Multi-Dose Packaging Multi-dose packaging service that organizes a patient's medications into clearly labeled packets by date and time to improve adherence.
- Compounding Services Custom medication compounding available at select Sav-Mor pharmacy locations to meet individual patient needs.
- Immunization Services Flu shots and other immunizations administered at Sav-Mor pharmacy locations.
- Medication Therapy Management (MTM) Clinical medication review, consultation, and therapy management service optimizing patient outcomes and medication effectiveness, delivered via Mirixa and OutcomesMTM platforms.
- Medication Disposal Program Drug take-back service allowing customers to bring unwanted medications to participating Sav-Mor pharmacies for safe disposal, supporting the Great Lakes Clean Water initiative.
- Medicare Information Services Assistance with discovering affordable Medicare plans and Medicare Part B plan selection at select Sav-Mor locations, supported by MedicareUSA and iMedicare plan comparison tools.
Quantifiable outcome
- Assisting pharmacies in 22 states and growing
- +2 more outcomes
Companies that use Sav-Mor
Customer profileNamed customers19 records
Segments2 records
Ideal customer profiles1 record
Sav-Mor technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration20 records
Feature4 records
Sav-Mor partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered core and minor.
- Cardinal HealthcorePrimary Wholesaler Purchasing Option - Sav-Mor has a Preferred Wholesaler contract with Cardinal Health. Even if already a Cardinal Customer, Sav-Mor offers specialized services for Cardinal Health customers.
- EQuIPPcorePerformance platform providing benchmarked data available to both health plans and community pharmacy organizations for patient adherence and MTM management.
- iMedicarecoreSav-Mor partnership with iMedicare to provide pharmacies with the most cost-effective option to compare Medicare plans in seconds. Integrates with every pharmacy system to instantly import patient information and medications.
- CoverMyMedscoreAutomates the prior authorization process for any drug and all plans, streamlining pharmacy workflows.
- RelayHealthcorePharmacy switching service for prescription routing and claims processing.
- Emdeon/eRX NetworkcorePharmacy electronic prescribing network for prescription switching services.
- QS/1corePharmacy switching service and pharmacy management system provider.
- ECRS POScorePoint-of-sale pharmacy software application for retail operations.
- RX30corePharmacy software application for pharmacy management and operations.
- CDMA (Chain Drug Marketing Association)coreProviding pharmacy front end products, services and marketing support throughout 4,000 retail stores in the US and overseas. Sav-Mor is a proud member.
- Digital PharmacistcoreIndividualized branding of websites and mobile apps for Sav-Mor pharmacy network.
- Marco TechnologiesminorOffice Copiers and Printers (Lexmark, HP, Sharp, and Konica Minolta), Internet/Phone service, Microsoft Office 365, Phone Systems, A/V, Video Surveillance Systems, IT Security, Anti-virus, Backup and Disaster Recovery.
- MyHealth PluscoreTelehealth partnership enabling Sav-Mor customers to talk to a doctor about their therapy through the pharmacy platform.
- MedicareUSAminorMedicare plan information and enrollment assistance offered through Sav-Mor locations.
Scale indicators3 records
Recent moves6 records
Expansion highlights4 records
Sav-Mor competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Sav-Mor social profiles
Digital presenceSav-Mor financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sav-Mor leadership team
Management profileNumber of profiles
Sav-Mor funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sav-Mor M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sav-Mor
What does Sav-Mor do?
Sav-Mor operates as a Pharmacy Services Administrative Organization (PSAO) and centralized management services provider for a network of independent pharmacies branded as "The Chain of Independents" across 22 states. It offers PBM contract management, cash management, claim-level reconciliation, PBM audit support, a preferred wholesaler program with Cardinal Health, plus shared digital infrastructure (Digital Pharmacist refill portal and Sav-Mor mobile app) to enable independent pharmacy owner/operators to compete with chain pharmacies while maintaining ownership independence.
Is Sav-Mor a public or private company?
Sav-Mor is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Sav-Mor founded?
Sav-Mor was founded in 1987. It employs 11 to 50 people.
Where is Sav-Mor based?
Sav-Mor is headquartered in Southfield, United States, in the North America region.
How does Sav-Mor make money?
Three revenue lines are on record. PSAO Services are the primary driver. The others are centralized Management Services and preferred Drug Wholesaler Program.
Does Sav-Mor have an API?
No public API is recorded for Sav-Mor.
What industry is Sav-Mor in?
Sav-Mor's product category is Pharmacy Services Administration (PSAO). Its primary akta.pro industry code is CRAOAHAK, Pharmacy Benefit/Channel Services (PSAO, 340B Admin, Chargebacks/Rebates Ops), with a secondary code of HLAFALAI, Pharmacy Benefit Management (PBM) & Pharmacy Network Administration. Its NAICS code is 524292 and its SIC code is 5912.